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Is IPCC equivalent to post graduation?
The Institute of Chartered Accountants of India (ICAI) has announced that the Chartered Accountant (CA) Qualification will be considered Equivalent to Master’s Degree. The University Grants Commission has resolved that CA Qualification will be treated equivalent to PG Degree based on requests submitted from the ICAI.
Can I directly apply for CA Intermediate after graduation?
Procedure for Graduates / Post Graduates – Graduates and Post Graduates from the commerce stream who have secured a minimum of 55\% marks or other graduates with a minimum of 60\% marks can enroll themselves for the CA Intermediate through the Direct Entry Route.
What is IPCC direct entry?
CA Direct entry route as the name suggests refers to the straight entry to the Chartered Accountancy course without having to appear for the entrance test i.e. CA Foundation. Direct Entry Scheme was implemented by the ICAI w.e.f 1st August 2012 which allows students to enroll directly for CA Intermediate Course.
How can I take admission in IPCC after graduation?
CA Direct Entry Scheme after Graduation
- Enrol for IPCC both groups.
- 100 hours of Information Technology Training.
- Orientation Course.
- Complete 9 months of mandatory Practical Training (Articleship)
- Appearing for both groups of the IPCC exam.
- CA Final exam.
- Awarding of the CA designation.
Is IPCC equivalent to BCOM?
IPCC qualified candidates are not equivalent to graduates. Only those candidates who have completed all stages of CA course or IPCC qualified candidates get paper exemption in bachelor’s degree. But you will have to clear rest papers of B.Com to earn bachelor’s degree.
Can I give direct IPCC after graduation?
Students joining the CA Curriculum after Graduation have been exempted from appearing for CPT and can directly enroll for IPCC. Students who’ve joined the CA Curriculum after Graduation through the Direct Entry Scheme can start their Articleship immediately without appearing for CA Inter Exams.
Is Articleship compulsory for IPCC?
As per the latest announcement of ICAI (2015), there is no need of articleship of 9 months for IPCC exams. After the registration of IPCC you will be eligible for exams after 9 months. In between there is no need to join articleship.
What is direct entry route for CA?
Direct Entry Route is a route that allows students to enter the Chartered Accountancy program without taking the CA Foundation entrance exam. Since the 1st of August 2012, ICAI has adopted the CA Direct Entry Scheme, which allows students to enroll straight in the CA Intermediate Course.